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Entrepreneurship Quizzz

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

It is a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively

a)

Resources

b)

Means

c)

Products

d)

Materials

2.

Risks are situations involving exposure to dangers. Click the risks that are usually present in entrepreneurship.

a)

Warehouse burnt

b)

Price changes

c)

competition

3.

In venturing into business, one must consider the available resources. For what reasons? Click the answers that apply.

a)

to run and manage the business successfully

b)

to be able to sustain the business operation

c)

to be able to sit down and let the business staff do the operation

d)

to avoid failures

4.

What is the main contribution of entrepreneurship to the country's economy?

a)

popularity

b)

tax

c)

investors

d)

consumers

5.

Which of the following is an Entrepreneur?

a)

Coco Martin

b)

Tony Tan Caktiong

c)

Jung Kook

d)

Jessica Soho

6.

What are the key/unique characteristics that a person should possess to be able to perform entrepreneurial functions effectively?

a)

Personal Entrepreneurial Committees

b)

Personal Entrepreneurial Competencies

c)

Personal Entrepreneurial Categories

d)

All of the above

7.

Showing trust with own's skills, ability, and judgment.

a)

Confident

b)

Hardworking

c)

Discipline

d)

Committed

8.

The key concept of entrepreneurship, the outcome of creativity resulted to a new and different way of doing things.

a)

creativity

b)

innovation

c)

discipline

d)

risk taker

9.

It is the total of all things external to firms and industries which affect their organization and operation.

a)

enterprise

b)

business environment

c)

entrepreneur

d)

entrepreneurship

10.

Choose the most accurate definition of leadership

a)

A process of influencing individuals for their own benefit.

b)

an effort to influence individuals to follow towards the achievement of their own goals.

c)

activities to influence groups to work voluntarily to achieve individual interests.

d)

interpersonal influence exercised in a situation through the process of communication towards the achievement of a specific goal.

11.

A power that is closely related to a position or position regardless of the identity of the leader, is referred to as __________________.

a)

Legal Power

b)

Power of Instruction

c)

Power of Reward

d)

Positioning Power

12.

Here are the characteristics of leadership, except

a)

there is a close relationship with power

b)

exists in any neatly and systematically organized activity.

c)

give satisfaction to followers and will result in excellent work performance.

d)

closely related to absolute power, great in style, has its own aura as well as adored great man and the whole.

13.

The four attitudes that an executive needs to build when handling employees in a work organization are the following, except

a)

Considerations

b)

Maintain the dignity of the company.

c)

Accept human beings as human beings.

d)

Respect the uniqueness of each individual.

14.

What is the meaning of proper communication function in leadership function?

a)

The process of two -way communication between environments.

b)

The process of exchanging thoughts or information in order to create an atmosphere of mutual understanding and good human relations.

c)

The process of understanding between everyday human relationships

d)

The process of exchanging information in an organization.

15.

What is the relationship between unique selling proposition and value proposition?

a)

a framework of each business industry

b)

meet your competitors needs wants.

c)

persuades another to exchange money for a product service’s

d)

connected with only one particular thing.

16.

A marketing .............. refers to a business's overall plan for reaching prospective consumers.

a)

price

b)

promotion

c)

strategy

d)

place

17.

A ...................... is a special saying made from a few words that helps identify the company or brand.

a)

logo

b)

coupon

c)

banner

d)

slogan

18.

Process of gathering, analyzing, and interpreting information about market, product, or service to be offered for sale in the market, about the past, present and potential customers for the product or service.

a)

MARKETING PLAN

b)

MARKET RESEARCH

c)

MARKETING STRATEGY

d)

PRODUCT TESTING

19.

Asking survey questions aimed capturing needs, values, attitudes, behaviors and demographics.

a)

ADVERTISING TESTING

b)

BRAND AWARENESS AND REACH

c)

MARKET SEGMENTATION

d)

PRODUCT TESTING

20.

Brand Awareness and Reach is?

a)

Keeping how effective your marketing campaigns really are.

b)

Measuring customer satisfaction to increase customer retention.

c)

Surveys that ask customers to choose between different products with unique features and price points.

21.

What are the limitations of owning a small business enterprise?

a)

To make a difference

b)

Possess a future orientation

c)

High level of energy

d)

Risk of losing invested capital

22.

A feasibility analysis consists of:

a)

An industry and market feasibility analysis

b)

A product or service feasibility analysis

c)

A financial feasibility analysis

d)

All three components

23.

Select the key characteristics of a successful entrepreneur. (Multiple answers)

a)

Creative

b)

Hardworking

c)

Perseverance

d)

Risk Taker

24.

Which of the following are channel that Shoppe has with their customers? (Multiple Answers)

a)

Ambassador: Jackie Chan

b)

Feedback/ Troubleshooting Email

c)

Youtube Advertisement

d)

Delivery

25.

6. As entrepreneur, you have to learn how to speak in a way that people will connect with you and understand the purpose of your business existence

a)

Demand for quality and efficiency

b)

Persuasion and networking

c)

Information seeking

d)

Risk taking